Consumers in the Tallahassee area read about the struggle that credit unions often have when making member business loans (MBL). The Tallahassee Democrat ran a story on Monday that showed how the arbitrary 12.25 percent MBL cap for credit unions and...
The LSCU & Affiliates offices in Birmingham and Tallahassee will be closed Monday, Sept. 7 in observance of Labor Day. Offices will re-open on Tuesday, Sept. 8 at regular business hours. Additionally, there will be no eSignal on Monday. The LSCU...
Membership in federally insured credit unions grew to 101,084,138 at the end of the second quarter of 2015, an increase of more than three million from the end of the second quarter of 2014. The number of federally insured credit unions fell to...
Kehrer Bielan Research & Consulting found that the average financial advisor working in a credit union produced $444,873 in investment services revenue in 2014, compared to $440,073 for the average advisor in a large bank broker-dealer. The 2014...
Wednesday morning Apple announced that 18 more credit unions and banks have signed on to offer Apple pay. Among the new credit unions is Envision Credit Union, based in Tallahassee. There are nine total new credit unions offering Apple Pay. Another...
Alabama Gov. Robert Bentley on Tuesday announced the date of the second special session to address the General Fund Budget. The session of the Alabama Legislature will begin at 5 p.m. on Tuesday, Sept. 8. “The start of Fiscal Year 2016 is quickly...
On Tuesday, Callahan and Associates released its first look trends on statistics from the second quarter. It ranked the top 10 states with the greatest improvement in delinquencies year over year. Florida ranked fourth behind Delaware, Alaska, and...
After nearly seven years and one million vehicles sold, General Motors will suspend the credit union member discount offered through CU Solutions Group’s credit union member rewards program, effective Oct. 1. Over the last six and a half...
The NCUA’s 60-day comment period for its proposed changes to the member business lending (MBL) rule is closing today. Credit unions are urged to send in a comment. A League source says that the NCUA has received enough negative comments from...
The 1st Annual Deep Sea Fishing Excursion for FEDPAC is scheduled for Tuesday, Nov. 3 in Destin. The six-hour fishing excursion will start at the Destin Harbor Walk Village in conjunction with the LSCU Southeast Leadership Development Conference...